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Citi Names Texas Instruments Stock a Top Pick. Why It’s Set for a Recovery. - Barron's

1. Citi analysts are bullish on the analog chip sector. 2. Analog Devices, along with TI and others, rated Buy. 3. Recovery in sales expected, driving EPS growth by 70% by 2026. 4. Analog chip demand is rebounding after recent challenges. 5. TI shares rose 0.7% amid optimistic outlook.

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FAQ

Why Bullish?

The positive outlook on analog chips could enhance ADI's stock, similar to historical trends after market recoveries, such as in 2010 post-recession recovery.

How important is it?

The sector's bullish outlook directly involves ADI, increasing the likelihood of stock price movement.

Why Long Term?

The anticipated 70% EPS growth implies significant long-term potential, akin to the recovery seen in analog stocks after the 2008 financial crisis.

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